The ICMA ETF Podcast: What’s new in fixed income ETFs?
The ICMA ETF Podcast: What’s new in fixed income ETFs?
Listen now to this ICMA Podcast on exchange-traded funds (ETFs), hosted by Anita Karppi, Senior Director - Buy-side at ICMA, who was joined by Tom Stephens of Schroders Investment Management, Pravin Bagree of UBS Asset Management and Josh Gibbs of State Street Investment Management to discuss what 2026 could look like for fixed income ETFs, and why ETFs are increasingly being treated as core portfolio infrastructure rather than “access” products.
In this episode, the panel discusses:
- The outlook for fixed income ETFs in 2026: intentional duration, credit dispersion and ETFs as risk-management tools
- The active ETF “delivery mechanism” debate: product design, fees and liquidity
- Adoption trends across institutional, wholesale and retail channels, plus the role of platforms and model portfolios
- Regulatory developments, including how rules may shape eligible exposures (including alternatives)
